Tetra Tech Q2 2024 Adj EPS $1.42 Beats $1.29 Estimate, Sales $1.05B Beat $1.03B Estimate
Portfolio Pulse from Benzinga Newsdesk
Tetra Tech (NASDAQ:TTEK) reported Q2 2024 adjusted EPS of $1.42, surpassing the $1.29 estimate, with sales of $1.05B exceeding the $1.03B estimate, marking an 8.30% increase from the previous year.
May 01, 2024 | 8:04 pm
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Tetra Tech reported a strong Q2 2024 with adjusted EPS and sales both exceeding analyst estimates, showing significant year-on-year growth.
Tetra Tech's earnings and sales beat not only demonstrates the company's ability to outperform analyst expectations but also indicates a strong year-on-year growth. This positive earnings report is likely to instill investor confidence and could lead to a short-term uptick in TTEK's stock price, given the better-than-expected financial performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100